CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 09/12/2021

Fundamental analysis

09 December, 2021

The British Pound slipped lower on Thursday. It is presently 1.31884. It remains under pressure due to new Covid restrictions. The UK’s IPSOS PCSI for December printed at 52.1. Its RICS House Price Balance for November came in at 71%, just above the 70% forecast. The United States will release Initial Jobless Claims for the past week this afternoon.

Technical analysis

Pound - US Dollar Analysis Technical analysis 09/12/2021
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 09/12/2021

Support & Resistance Level Explanation
Resistance 2 1.3245 Daily R2
Resistance 1 1.3220 Daily R1
Support 1 1.3155 Daily S1
Support 2 1.3131 Daily S2

GBPUSD Indicator Table - 09/12/2021

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Sell

GBPUSD Indicator / Period Table - 09/12/2021

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellBuy
RSI (14) Sell SellNeutral
SMA 20 Sell SellSell

GBPUSD 09/12/2021 - Reference Price : 1.3182

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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Pound - US Dollar Chart
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